IN BRIEF: Taylor Maritime hails positive outlook helped by forecasts
19th Dec 2024 21:55
Taylor Maritime Investments Ltd - investment company specialising in bulk carrier segments of the global shipping sector - On Wednesday, reported net asset value per share unchanged at USD1.48 as at September 30, compared to March 31. NAV total return for the six months to September 30 is 2.6%. For the first financial half, the company declared an unchanged dividend of 4.00 US cents. Taylor Maritime notes good demand for dry bulk commodities, especially minor bulk and grain, combined with ongoing fleet inefficiencies due to disruptions in the Red Sea, which supported charter rates and partially offset a usual summer lull. Read More